160
160
Oct 11, 2012
10/12
by
KRCB
tv
eye 160
favorite 0
quote 0
how much of an impact will this be having on the global economy? >> this is the continuous concern for us because food prices hit the poor directly and immediately. and that's why we've already in the past few years actually put this food price as the highest priority to be addressed. the policy combination for many countries in order for them to protect the poor is to build the social safety net. that is the first immediate response that needs to actually become the highest priority. the medium and long term is more how to invest more on increasing productivity and that has become a very tough issue because a lot of developing countries has not become organized. it will change the land for agriculture. so irrigation, productivity, seed, all the farm productivities is also needed. >> another thing we are seeing is high unemployment among the younger generation around the world. how concerned are you about this trend? >> we are very concerned. fac teport thi year is actually about jobs. in the next decade we need to create 600 million new jobs espec
how much of an impact will this be having on the global economy? >> this is the continuous concern for us because food prices hit the poor directly and immediately. and that's why we've already in the past few years actually put this food price as the highest priority to be addressed. the policy combination for many countries in order for them to protect the poor is to build the social safety net. that is the first immediate response that needs to actually become the highest priority. the...
165
165
Oct 10, 2012
10/12
by
KRCB
tv
eye 165
favorite 0
quote 0
he is welcoming efforts by indian leaders to reform their economy. geithner meant with the indian finance minister in new delhi. >> i think the reforms outlined by the government of india offer very promising paths to improving growth outcomes for the indian economy. >> observers say geithner is urging the indian government to proceed with the economic reform policies. the prime minister has been trying to implement changes. one example is his push to open the retail sector to foreign supermarkets. plans to ease restrictions on foreign investment have sparked an angry reaction. one party has left the ruling coalition in protest. >>> now let's check on the markets. u.s. stock markets ended lower on tuesday as lingering uncertainties about the global economy led investors to sell shares. to see how stocks are trading this wednesday morning, let's go to ra mean at the tokyo stock exchange. the earnings season kicked off in the u.s. giving investors the jitters it seems. >> jitters indeed. we did see the dow trading lower but the nasdaq was the biggest l
he is welcoming efforts by indian leaders to reform their economy. geithner meant with the indian finance minister in new delhi. >> i think the reforms outlined by the government of india offer very promising paths to improving growth outcomes for the indian economy. >> observers say geithner is urging the indian government to proceed with the economic reform policies. the prime minister has been trying to implement changes. one example is his push to open the retail sector to...
WHUT (Howard University Television)
205
205
Oct 11, 2012
10/12
by
WHUT
tv
eye 205
favorite 0
quote 0
she said it's critical for asian economies and for the global economy. japan of course locked in another territorial dispute with china. some chinese delegates as we know have stayed away from these meetings. legarde said they're missing out on a great opportunity. she says she hopes the problems between the two however long-standing could be resolved. the head of the world bank says the uncertainties in countries that we've been talking about are leading people in developing nations more vulnerable. kim jung in says it's making things worse. >> increasing food prices often force the poorest families to make terrible choices. either feed my children or send the girls to school. you have to choice one or the other. >> kim went on to say he and his colleagues stand ready to provide emergency loans and grants for nations that are hit by the food crisis. he did stress, though, that what's neated are long-term plans for agricultural sustainability. droughts of course have dried up fields across the united states. the price of corn and soy beans hit record hig
she said it's critical for asian economies and for the global economy. japan of course locked in another territorial dispute with china. some chinese delegates as we know have stayed away from these meetings. legarde said they're missing out on a great opportunity. she says she hopes the problems between the two however long-standing could be resolved. the head of the world bank says the uncertainties in countries that we've been talking about are leading people in developing nations more...
WHUT (Howard University Television)
187
187
Oct 9, 2012
10/12
by
WHUT
tv
eye 187
favorite 0
quote 0
at the time, the economy was really humming along. we had japanese companies exporting everything from ships to steel. we had our bullet trains humming right along, too, as the first shinkansen sped along the line from toke wryo to osaka. the meetings provided japan with a chance to show how it had rebuilt after world war ii. organizers hope to use these meetings to highlight their reconstruction efforts in northeastern japan. well, world bank and imf officials are discussing all sorts of things, somewhere down there, and they're going to be here all week and so will we. we're going it be back, 2at 8:0 this evening japan time, speaking to one of the hosts of this meeting about their hopes and challenges and have plenty more. so please be sure to stay with us. >> thank you very much, there, that was nhk world's ron madison an the tokyo international forum. >>> now, mitt romney is taking aim at u.s. president barack obama's foreign policy. the republican presidential candidate said obama's handling of the middle east is increasing the r
at the time, the economy was really humming along. we had japanese companies exporting everything from ships to steel. we had our bullet trains humming right along, too, as the first shinkansen sped along the line from toke wryo to osaka. the meetings provided japan with a chance to show how it had rebuilt after world war ii. organizers hope to use these meetings to highlight their reconstruction efforts in northeastern japan. well, world bank and imf officials are discussing all sorts of...
173
173
Oct 9, 2012
10/12
by
KCSM
tv
eye 173
favorite 0
quote 0
such an embargo would hurt japan's economy. he hopes the ban will boost indones indonesian industry. the ministers agreed to continue talks over the issue. >>> members of a u.s. congressional panel want to keep some chinese telecom out of the american markets for security reasons. they are warning government agencies not to use products made by two of china's top technology firms. they say the firms may be involved in espionage activities. they are major global suppliers of mobile devices. nhk obtained a copy of the report. the document criticized the companies for being unwilling to cooperate. the report concludes members of the intelligence committee cannot overcome the concerns they have. it warns the u.s. government not to use their products. chinese foreign ministry spokesperson reacted by saying china's technology firms are co complying with the rules and says u.s. is benefitting from certain products. >>> space exploration has entered the commercial era. a ship built by a u.s. company has blasted off in orbit. the craft
such an embargo would hurt japan's economy. he hopes the ban will boost indones indonesian industry. the ministers agreed to continue talks over the issue. >>> members of a u.s. congressional panel want to keep some chinese telecom out of the american markets for security reasons. they are warning government agencies not to use products made by two of china's top technology firms. they say the firms may be involved in espionage activities. they are major global suppliers of mobile...
261
261
Oct 6, 2012
10/12
by
KCSM
tv
eye 261
favorite 0
quote 0
, are relatively weak due to a slowdown in the chinese and other economies. they also concur that companies are cautious about the business outlook. the policymakers implemented additional monetary measures in september. they included expanding to about $1 trillion the funds available to buy government bonds and other assets. they unanimously agreed to keep the monetary measures unchanged to wait and see their effects. maehara was the first cabinet minister in nine years to attend the boj policy meeting. >> translator: i have a sense of crisis about the continued strong yen and japan's inability to get out of deflation. i wanted to convey my view to the bank of japan by attending the meeting. >> he said the bank of japan's independence must be respected. maehara also said that he will continue to anticipate the central bank's actions for aggressive monetary easing to achieve the targeted rise in consumer price levels. boj governor masaaki shirakawa was asked by a reporter whether he felt pressure from the government when maehara attended the meeting. shirakaw
, are relatively weak due to a slowdown in the chinese and other economies. they also concur that companies are cautious about the business outlook. the policymakers implemented additional monetary measures in september. they included expanding to about $1 trillion the funds available to buy government bonds and other assets. they unanimously agreed to keep the monetary measures unchanged to wait and see their effects. maehara was the first cabinet minister in nine years to attend the boj...
WHUT (Howard University Television)
145
145
Oct 12, 2012
10/12
by
WHUT
tv
eye 145
favorite 0
quote 0
the dispute -- hurting its economy. but -- well, it's also true that china in recent years has stepped up maritime interests with its rise as global power. china is likely to keep pressing japan to admit the existence of the issue of, territorial sovereign team over the island. it plans to do this through the dispatch of government boats near japanese waters and the campaign to win international support and other measures. >> thank you for your insights. that was our beijing correspondent. >>> japan is also trying to sort through a territorial dispute with south korea. arguments over violations in the sea and key meetings are going ahead. japanese and south korean representatives will hoed takes next week with a u.s. diplomat to discuss north korea's nuclear program. the three officials sit down wednesday in tokyo and include the foreign ministry, u.s. special representative on north korea, glen davis, and south korea's chief negotiator. before discussions held by their countries foreign ministers who met last month in
the dispute -- hurting its economy. but -- well, it's also true that china in recent years has stepped up maritime interests with its rise as global power. china is likely to keep pressing japan to admit the existence of the issue of, territorial sovereign team over the island. it plans to do this through the dispatch of government boats near japanese waters and the campaign to win international support and other measures. >> thank you for your insights. that was our beijing...
WHUT (Howard University Television)
231
231
Oct 10, 2012
10/12
by
WHUT
tv
eye 231
favorite 0
quote 0
economists trying to push the leaders of developed economies down a prudent path. weighed some of the risks and say confidence pretty much everywhere is still pretty fragile. economists release global financial stability report, checkup of the financial system. >> the choice today is between making the necessary but tough policy and political decisions or delaying them once more in the false hope that time is on our side. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back into the core ones. that is pushing up borrowing costs for government, banks, countries, italy and spain. this he is says feeding a further downturn to. reap ver to reverse the situation is well timed fiscal consolidation and they need to do this reducing excessive debts. economists fame size steps need to be take in to boost foundations beneath banks they hope the european stability and bond buying program will help rebuild investor confidence. they suggest
economists trying to push the leaders of developed economies down a prudent path. weighed some of the risks and say confidence pretty much everywhere is still pretty fragile. economists release global financial stability report, checkup of the financial system. >> the choice today is between making the necessary but tough policy and political decisions or delaying them once more in the false hope that time is on our side. it is not. >> the man there says it is time for governments...
296
296
Oct 11, 2012
10/12
by
KCSMMHZ
tv
eye 296
favorite 0
quote 0
economy over what's called the fiscal cliff. central bankers from the u.s. and elsewhere explained how they were using additional monetary easing to curb their common problems. the ministers and governors didn't emerge with any official statements or even give signs of further coordinated action. they said something they've said before -- they'll keep working on it. reiko sakurai, nhk world, tokyo. >>> the head of the imf is asking those around her to draw on the spirit of their hosts. l christine lagarde says she's impressed by the resilience japanese showed as they worked to recover from last year's disaster. she's calling on leaders to share that sense of cooperation. >> we expect action, and we expect courageous and cooperative action on the part of our members. >> lagarde says she and her colleagues unwhat needs to be done. she's urging banking supervisors to complete the job of rewriting the rules of finance. government leaders need to tackle what she calls a legacy of high debt. lagarde says they should focus on getting people, particularly young peop
economy over what's called the fiscal cliff. central bankers from the u.s. and elsewhere explained how they were using additional monetary easing to curb their common problems. the ministers and governors didn't emerge with any official statements or even give signs of further coordinated action. they said something they've said before -- they'll keep working on it. reiko sakurai, nhk world, tokyo. >>> the head of the imf is asking those around her to draw on the spirit of their hosts....
464
464
Oct 9, 2012
10/12
by
KCSMMHZ
tv
eye 464
favorite 0
quote 0
now, he projected the region's economy will shrink by 0.4%. contrast that with the forecast for emerging markets and developing countries, that coming in at 5.3% growth. but blanchard and his colleagues see the downsides even in that figure. they've revised china's growth down 0.2 percentage points from three months ago, india's down 1.3 points. they forecast an increase of 2.2% in both japan and the united states. and they do predict, as well, stronger growth worldwide next year at 3.6%. blanchard said figuring these things out can make for a complex puzzle. i had the chance to speak with him earlier about what pieces need to fall into place. does seem the recovery is losing a bit of steam. take us where we stand right now in the global recovery. >> the first thing to say is this is still a recovery. we have numbers from the world growth of 3.5%. that's a recovery. it's clear it has weakened since last time we had forecast, which was three months ago, so that's a bit worrisome. just a bit. the reason is probably an increase in uncertainty. th
now, he projected the region's economy will shrink by 0.4%. contrast that with the forecast for emerging markets and developing countries, that coming in at 5.3% growth. but blanchard and his colleagues see the downsides even in that figure. they've revised china's growth down 0.2 percentage points from three months ago, india's down 1.3 points. they forecast an increase of 2.2% in both japan and the united states. and they do predict, as well, stronger growth worldwide next year at 3.6%....
271
271
Oct 10, 2012
10/12
by
KCSMMHZ
tv
eye 271
favorite 0
quote 0
malays malaysia's economy has expanded about ten-fold over the past 30 years, and the new economy has new priorities. >> i think future look east policy program should be more targeted and more closely linked to specific outcomes. >> reporter: japanese-style management was once highly regarded, but the country has lost its status as asia's economic leader. malaysia is looking for other things to learn. japanese environmental and energy-saving technologies lead the world. malaysia plans to refocus its look east policy on those areas over the years to come. nabila nishaa, nhk world, kuala lumpur. >>> the latest in medical science has gone on display in yokohama near tokyo. exhibitors at biojapan 2012 are presenting the latest in drugs, technologies and medical equipment. more than 400 universities, research facilities and businesses are taking part. this booth presents ips technology-related patents belonging to a company run by japanese scientist shinya yamanaka. the brother received attention from visitors interested in finding out about the use of ips cells. yamanaka won this year's
malays malaysia's economy has expanded about ten-fold over the past 30 years, and the new economy has new priorities. >> i think future look east policy program should be more targeted and more closely linked to specific outcomes. >> reporter: japanese-style management was once highly regarded, but the country has lost its status as asia's economic leader. malaysia is looking for other things to learn. japanese environmental and energy-saving technologies lead the world. malaysia...
350
350
Oct 12, 2012
10/12
by
KCSMMHZ
tv
eye 350
favorite 0
quote 0
the economy is one of the strongest in europe. still, the french, too, feel weighed down under the debt. structure or reform is the way to strengthen europe's union, but world economic leaders are strongly urging the implementation. can europe move into action? >> we are two very positive moves during last month. first with the ecb, second with growth. third with tax on financial transactions, which is going to happen between france, spain, italy, and other countries in europe. we are i believe truly taking into account political necessity to confront this crisis. of course it's too slow. we need to implement reforms. we're working on it. >> reporter: moscovici says the french, all europeans, in fact, should follow through with measures to reduce their debts. he said spending cuts are prerequisites for growth in the long run. >> this is why structural reforms are so necessary. and this is why if we need to deal seriously with that, i don't believe austerity is something good for the people. you cannot have growth in the midterm or
the economy is one of the strongest in europe. still, the french, too, feel weighed down under the debt. structure or reform is the way to strengthen europe's union, but world economic leaders are strongly urging the implementation. can europe move into action? >> we are two very positive moves during last month. first with the ecb, second with growth. third with tax on financial transactions, which is going to happen between france, spain, italy, and other countries in europe. we are i...